Major milestone for energy exploration: ONGC strikes gas 43 km off Odisha coast

🇮🇳 The Times of India (IN) —
Major milestone for energy exploration: ONGC strikes gas 43 km off Odisha coast

AI Summary

ONGC has discovered gas 43 km off the Odisha coast in the Mahanadi Basin. The company plans to conduct reservoir appraisal, evaluate recoverable resources, and perform a commercial assessment before deciding on development.

For the Mahanadi Basin discovery, ONGC's next phase of work will involve additional reservoir appraisal, evaluation of recoverable resources and a commercial assessment. A decision on development will be taken only after these steps are completed.

Markets Commodities Energy ONGC gas discovery Mahanadi Basin Odisha coast energy exploration India

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